Posted Dec 1, 2021, 3:58 AM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 51,907
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https://commercialobserver.com/2021/...helping-build/
Turner Construction Relocating to The Spiral Tower It’s Helping Build
BY CELIA YOUNG
NOVEMBER 29, 2021
Quote:
Turner Construction Company is relocating its global headquarters to 75,000 square feet at The Spiral, the 65-story tower it’s helping to build.
The building’s general contractor took the entire third floor of Tishman Speyer’s property at 66 Hudson Boulevard in a 13-year lease, the New York Post first reported. Asking rents at the tower range from $110 per square foot at the base to $225 a foot at the top.
Turner plans to relocate from its current offices at 375 Hudson Street to the tower in January 2023, after The Spiral’s expected completion in the second half of 2022, according to Tishman Speyer.
Bjarke Ingels Group designed the 2.9 million-square-foot tower between West 34th and West 35th streets, which features staggered landscaped terraces as it rises. Peter Davoren, president and CEO of Turner, said in a statement that the building’s sustainability was part of its draw.
“The Spiral, a project we are currently building, will provide us with an environment that so well defines our vision and the future of our company,” Davoren said in a statement. “The highly sustainable, technologically advanced building offers a range of people-focused amenities that will support the connectivity of our teams and offer a healthy environment for employees and guests.”
The 1,031-foot tall tower has previously signed deals with Pfizer, a biopharmaceutical company known for making one of the COVID-19 vaccines, to relocate its headquarters to 746,000 square feet and law firm Debevoise & Plimpton, which snagged 531,000 square feet.
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